← All businessesConstruction, Property & Infrastructure / Property Development / Refurbishment & conversion
Small Refurbishment And Conversion Business In Sunderland
Sunderland, Tyne and Wear, North EastIdentity protected
Available
About this business
A small refurbishment and conversion business in suburban Sunderland, run since 2022 by a team of 3 from freehold premises included in the sale. It buys run-down houses and small commercial buildings, refurbishes them and sells or converts them into flats, using trusted local trades. Turnover has held around £1.6m and EBITDA has inched up to £151k. Margins are modest at about 9%. A buyer gets a simple, working model, the property and contacts with local trades and agents. The asking price is £650k.
Key investment highlights
- Freehold premises included
- EBITDA of £151k
- Run by a team of 3
- Asking price of £650k
Reason for sale
The owner is taking up a senior role with a national housebuilder.
Nothing flagged on the two questions buyers ask first
No flagRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionNo flag
Turnover is flat year on year.
- 2022: baseline
- 2023 (+1.2%)
- 2024 (-2.2%)
- 2025 (+1.0%)
- 2026 (+0.3%)
- Peak 2023 to latest 2026: -1.0%
5 years of turnover, 2022 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.